Notice of RetractionRelations between the five factors and long-term investment earings of initial public offerings stock

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The long-term investment earnings of Initial public offerings is that the investors who succeed in purchasing stocks according to IPO price and holding for 5 years and more obtain the difference of the accumulating dividend and market value above investment cost. The main factors influencing long-term investment earnings of the IPO in SME board are the scale of capital stock, the issue price, management achievement, company´s benefit assignment policy, equity expansion rate and so on. Analyzing these five factors comparing with long-term stock investment earingsis and drawing useful conclusions is helpful in choosing stocks of high long-term investment value.